Prima Innovation Ltd.
BBSE:PRIMAINNO27.20
INR
+1.65
(+6.46%)
Prima Innovation Ltd.
BSE:PRIMAINNO
(Bombay Stock Exchange)
Recent
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27.20
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div
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ROIC.AI
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- Business
- Prima Innovation Ltd. is an India-based diversified manufacturing and industrial solutions company engaged in the design, engineering, production, and commercialization of advanced polymer products, industrial packaging solutions, and engineered hardware components. The company operates primarily through three core business segments: Polymer Products, Industrial Packaging, and Technology & Engineering Solutions. Its comprehensive product and service portfolio comprises molded plastic furniture and storage units, including stackable chairs, dining tables, stools, and modular cabinets; commercial material handling systems, including heavy-duty plastic pallets, industrial crates, and specialized storage bins; waste management infrastructure, including high-density polyethylene (HDPE) mobile garbage bins, community waste containers, and bio-medical disposal bins; engineered composite materials and architectural panels, including aluminum composite panels (ACP) and insulated multi-layer containers; and custom original equipment manufacturer (OEM) molding services, including precision technical molding, tooling design, and contract manufacturing for automotive, electronics, and consumer durable industries. Prima Innovation Ltd. serves a broad customer base spanning industrial enterprises, municipal corporations, retail distributors, commercial hospitality providers, and agricultural logistics operators. The company maintains manufacturing plants and an extensive warehousing and dealer distribution network across India, while exporting products to international markets across the Middle East, Africa, and Southeast Asia. Founded in 1993 and headquartered in Mumbai, Maharashtra, India, the company oversees manufacturing facilities and domestic distribution centers alongside strategic joint ventures and regional operating subsidiaries. In recent developments, the company executed a strategic corporate reorganization and rebranding to Prima Innovation Ltd. to reflect its strategic focus on technological modernization, smart material design, and value-added sustainable product categories. Over the past two years, the company expanded its production footprint through upgraded automated injection-molding infrastructure, launched eco-friendly product lines incorporating post-consumer recycled polymers, established new strategic distribution partnerships to strengthen its supply chain across Tier-2 and Tier-3 domestic markets, and secured key municipal supply contracts for advanced public waste management systems.